Every time I read a news story about Medmen, narrative is around "the Starbucks of Cannabis" or "the Apple of Cannabis". Medmen has a very proactive PR team that pitches the company and its CEO to journalists for inclusion in cannabis related news stories.
Even the National Cannabis Industry Association, which could have picked any CEO from any public cannabis company to keynote its upcoming conference, chose the guy least liked by the majority of the industry.
The story goes something like this, "cannabis was all Cheech and Chong until medmen came along and made dispensaries a safe, welcoming environment for the soccer mom."
The narrative I'd like to propose is Medmen the "Enron of Cannabis".
I sat down with Rob Hunt of Shingle Hill to talk about public cannabis companies, corporate governance and fiduciary responsibility.
While we didn't talk about MedMen specifically, if I have to bet on one public cannabis company to blow up, my money is on Medmen. Let the short sellers raise their hands ✋
Adam Bierman, I welcome you to come on camera any time and answer some of the many questions I have.
